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Markets & Forecasts

CNOOC’s Tianjin terminal hits nine-month high

The Chinese LNG facility sent out more truckloads of LNG last week than it has in the past nine months The Chinese LNG facility sent out more truckloads of LNG last week than it has in the past nine months.
By Tang Tian 19 September 2019 Asia Pacific / LNG 0 34589
Daily trucked LNG sales

China National Offshore Oil Corp.’s (CNOOC’s) Tianjin terminal loaded an average of 433 LNG tanker trucks per day last week, the highest send-out rate in the past nine months. Sinopec’s Tianjin terminal dispatched 240 tankers per day, while CNOOC’s Ningbo facility sent out 230.

LNG output forecasts

China’s average daily LNG output is expected to increase to 39,622 tons this week as processing plants in Heilongjiang and Yunnan provinces resume production after completing maintenance.

LNG delivery schedule